Sunday, October 28, 2012

SAP eyes "long" period of high sales growth: report

BERLIN (Reuters) - Germany's SAP may be able to sustain high sales from software and related services for a 'very long time,' co-chief executive Bill McDermott told a German newspaper.

'It's our ambition to grow with double-digit numbers for a very long time to come,' Euro am Sonntag quoted McDermott as saying in an interview published on Sunday.

'I believe that's possible.'

The newspaper also cited the co-CEO as saying SAP currently has no plans for further acquisitions following the purchases of cloud-computing company Ariba and Success Factors.

(Reporting By Andreas Cremer; Editing by Hans-Juergen Peters)



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